NAIL HORROR

'IT WAS BEDLAM'

Committee chairman Frank Field said: ‘It is though clear from these figures that Sir Philip was long favouring the Arcadia schemes over their BHS counterparts, which have more members’

“Not long after he refused to shift on a ludicrous 23-year recovery plan for the BHS scheme, he agreed a 13-year plan for Arcadia with well over double the deficit contributions.

“I imagine Sir Philip would say that Arcadia could afford it because it was profitable, whereas BHS was not. But it is clear that all his companies are run as one large tax-efficient empire in the family interest.”